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Fintech Start-up Marqeta Lands USD 150 Million in New Funding Raising Its Valuation to $4.3 Billion

Paroma Sen
by Paroma Sen0
At a time when business continuity is top-of-mind for most leaders and valuations are constantly on the downfall, global card issuing platform Marqeta announced that it has raised an additional $150 million in new capital. FT Partners, a Fintech-focused investment bank is said to have advised Marqeta on the $150......
EPAM Partners with Fnality to Develop Next-Generation Blockchain-Based Payment Systems
Banking Blockchain Capital Markets Fintech News Risk Management

EPAM Partners with Fnality to Develop Next-Generation Blockchain-Based Payment Systems

Fintech News Desk
by Fintech News Desk0
New payment systems integrate cross-border financial transactions capability in a remote, distributed working environment to improve efficiencies, enable faster trade settlement and reduce risk EPAM Systems, a leading global provider of digital platform engineering and software development services, announced a partnership with Fnality International, a consortium of wholesale banks founded......
Walmart MoneyCard Adds 2% High Yield Savings Account, Free Cash Deposits and Family Accounts
Banking Fintech News

Walmart MoneyCard Adds 2% High Yield Savings Account, Free Cash Deposits and Family Accounts

Fintech News Desk
by Fintech News Desk0
Updated Mobile App Brings Enhanced Digital Banking and Cash Management to MoneyCard Customers Walmart, together with Green Dot, announced updated features and benefits for the Walmart MoneyCard Reloadable Debit Card program. The Walmart MoneyCard, issued by Green Dot Bank, member FDIC, will now provide accountholders with a 2% annual percentage......
HSBC Launches First Equity Index Products Powered by AI and Big Data
Artificial Intelligence Big Data Fintech Investment Services News

HSBC Launches First Equity Index Products Powered by AI and Big Data

Fintech News Desk
by Fintech News Desk0
HSBC worked with EquBot and IBM Watson to introduce the AiPEX family of artificially intelligent equity indices HSBC announced the launch of the AI Powered US Equity Index (AiPEX) family, the market’s first to use artificial intelligence (AI) as a method for equity investing. The AiPEX family of indices was......
Boom Commerce Completes Strategic Investment in POS Technology Leader Ovvi
Fintech Investment Services News Risk Management

Strategic Investment Advances Boom Commerce’s Strategy to Broaden Its Sponsor Bank Relationships and Support a Much Broader Range of Higher Risk/Non-Traditional and Higher Margin Merchants

Fintech News Desk
by Fintech News Desk0
Boom Commerce announced that it has completed a strategic investment in G.O.A.T. Payments (“GP”) located in Westlake Village, CA. GP brings decades of experience acquiring, underwriting and supporting higher risk, higher margin and non-traditional merchant categories that require white glove attention and support, even more so now in light of......
Wolters Kluwer and Black Knight deepen strategic alliance to offer mortgage lenders a more complete origination solution
Banking Business Fintech News

Wolters Kluwer Further Develops TSoftPlus for Loan Forgiveness Stage of Paycheck Protection Program for Local Lenders of All Sizes

Fintech News Desk
by Fintech News Desk0
Market-Leading TSoftPlus to Help Facilitate PPP Loan Forgiveness End-to-End Workflow Wolters Kluwer Compliance Solutions is ready to help local lenders and their small business client recipients of Paycheck Protection Program (PPP) funding facilitate online loan forgiveness applications through its TSoftPlus™ PPP Forgiveness Module. The comprehensive end-to-end solution will facilitate and automate......
Fiserv Named Best Digital Mortgage Company in 2020 FinTech Breakthrough Awards
Fintech News

Fiserv Named Best Digital Mortgage Company in 2020 FinTech Breakthrough Awards

Fintech News Desk
by Fintech News Desk0
Prestigious award program recognizes Fiserv for second consecutive year Fiserv, a leading global provider of payments and financial services technology solutions, has been named the Best Digital Mortgage Company in the fourth annual FinTech Breakthrough Awards. FinTech Breakthrough, an independent market intelligence organization, recognizes the top companies, technologies and products......
Boston-Based Fintech Startup Airfox Acquired by Brazilian Retail Giant Via Varejo
Fintech Fintech Startups News

Boston-Based Fintech Startup Airfox Acquired by Brazilian Retail Giant Via Varejo

Fintech News Desk
by Fintech News Desk0
Scaling banQi’s accessible financial services to reach millions of underbanked customers in Latin America Boston-based fintech startup Airfox is joining Via Varejo, the largest retailer in Brazil serving 60 million customers through popular nationwide retail chains Casas Bahia and PontoFrio. Publicly held Via Varejo is acquiring Airfox for an undisclosed......
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